Discover competitive car finance in Oldham

Are you looking for a competitive car loan to release the funds to buy a second-hand vehicle? Whether you live in Royton, Chadderton, or Saddleworth, we know that you want to have access to an affordable loan that allows you to spread your repayments over several months or years.

We offer exceptional car financing deals that are ideal for your budget. You may be looking to splash out on a premium luxury car, or you may be looking for a family-friendly Fiat. We are confident that we can find the best car finance deal for you, whatever used car you are looking for.

Why not discover how much money you could borrow with our car finance calculator? Not only can you see how much you can afford, but you can use the filters to see how different loan lengths could impact your monthly repayments. Oldham motorists will appreciate that our calculator will allow you to check how much you could borrow with zero impact on your credit score.

Why buy a second-hand car with a car finance loan?

These days, the prices of second-hand cars are rapidly increasing. If your existing vehicle requires an immediate replacement, you may not have the money available to pay outright for an upgraded model.

For many people, car financing solutions are necessary to help you find your car. But you may be surprised to discover how flexible car loans can be. For example, you can choose how much you want to repay every month and decide how long you want your loan to last. By talking with one of our independent finance experts, you can discover what options are available and discover a fantastic financing deal that works with your budget.

If you live in Oldham, you can speak directly with one of our finance experts to determine how much you could borrow. We are located within Dace Motor Groups’ four Manchester-based dealerships.

Please note that you will not own the vehicle until all payments are made. If you default on your finance payments, the finance provider may repossess the vehicle.

Choosing between PCP and HP – understanding the different types of car loan

Many cheap car finance deals are broken down into two types of car loans: PCP and HP.

Did you know that each type of car loan has its advantages? You may find that one option naturally suits you more than the other. To find out more about the specifics of each car finance option, please speak with a member of our team.

We can explain the pros and cons of each and help you to identify which type of car loan is right for you.

A PCP car finance loan is a personal contract purchase. You will take out a loan for a specific period – often between three and five years. During this time, you will make car finance payments to the agreed finance provider. At the end of the agreed fixed-term contract, you can choose to return the car or pay the current resale value of the vehicle. Alternatively, you can put that resale value towards purchasing a newer model. If you want to have the flexibility to change your car every few years, this could be a good choice.

An HP car finance loan is a hire purchase. You will be asked to pay a deposit for your chosen vehicle (often as little as 10% of the car value) and make capital repayments over an agreed timeframe. Once you have made your final repayment, you will own the car outright. If you want the reassurance that you will own the car at the end of your term, this could be preferable.

How to know which one is right for you?

You may feel overwhelmed by choice of competitive car finance. It can be difficult to know what you should be looking for with many different options available.

We are ideally placed to help people in Oldham find a suitable car loan. We are part of the Dace Motor Group, which means our finance team is available within each Dace dealership. Whether you have a few small questions about how car financing works or are ready to complete an application, we are here to help. With four dealership locations across the Stockport area, we are easily accessible for people in Oldham. We are here to answer any question you have, and our experienced team can take the time to look at your personal finances. We can work out what options suit your budget and your lifestyle and explain whether HP or PCP is right for you.

If you’re not ready to speak with us just yet, why not try our online car finance calculator? It can help you to identify how much money you could potentially borrow, as well as detailing what your repayments could be. We promise there’s no impact on your credit score, so feel free to use the calculator to see how different car loan terms could change your monthly repayments.

Why choose us to help you find a suitable car loan?

People in Oldham trust us because we have a reputation for providing straightforward and friendly advice and guidance. In addition, we have connections with a variety of lenders across the UK which means that we can find the right car loan for you. So, whether you need a car loan for business purposes or have a history of poor credit, we know which lenders will be ideally suited to you.

Our car financing loans are only available on the used cars sold by Dace Motor Group. Unfortunately, we cannot provide financing for used cars sold by other car dealerships. With four locations across the Manchester region, we have over 600 used cars available in stock, from luxury brands to family-friendly options.

Our approach is to provide clear and transparent communication. We’ll explain what types of car loans are available, how the application process works, and what the consequences could be if you struggle to make your repayments. We want our customers to feel in control over the process, and we promise that we will never use any jargon. Then, when you are happy with the recommended car finance deal, we’ll process the application on your behalf. All you need to do is choose which used car you wish to buy from Dace Motor Group and sort out the relevant insurance! It couldn’t be easier!

We offer car finance for people with a poor credit history

Are you concerned that a poor credit history could impact your ability to benefit from a competitive car loan?

We believe that car financing should be available for everyone, regardless of their financial circumstances. However, if you are concerned that your credit history could impact how much you can borrow, please feel free to use our online car finance calculator. It may give you an indication of what you could afford. With no impact on your credit score, this is a simple way to see what options are available to you.

If you live in Oldham and are worried that your credit score could prevent you from taking out a car loan, please visit us at your nearest Dace Motor Group dealership. We can have an open and honest conversation and look carefully at your finances to see what you can do.

We do not take a “computer says no” approach.
Instead, we offer bespoke solutions. For example, we work with various lenders, many of whom specialise in lending to people with bad credit scores.

What interest rates are available for car finance deals?

We know you will be wondering what type of interest rate is available on car finance loans. The interest rate may depend on what type of car financing solution you have chosen. PCP and HP loans may have different interest rates, which could also impact your credit score and the amount you wish to borrow.

If you’re looking for an affordable car loan in Oldham, we recommend visiting your nearest Dace Motor Group dealership. Not only can you view the various second-hand cars available for sale (and test drive your dream car), but we can work with you to find the best car loan repayments for your budget. We’ll chat through your options and look at how much you can afford to repay each month without impacting your lifestyle too much.

If you would like to book an appointment with a member of our finance team, please contact us.

We excel in finding car finance deals for business purposes

Are you a small business or sole trader working in Oldham? Do you need a car that is specifically for work purposes? Funding a company car doesn’t need to be complicated, and you don’t need to rely on having the upfront cash to pay for a second-hand vehicle.

If you are traveling a lot for work purposes, you could have a legitimate claim to put your car financing as a business expense. At Dace Motor Group, the used car sales team can help you find a suitable vehicle depending on your mileage and your emissions requirements. And once you’ve found the ideal car, the finance team can look at how you can put your loan through your expenses. We can explain what paperwork you may need and handle any finance applications on your behalf.

For generations, we’ve provided the best car loan deals for Oldham drivers

We are proud to be a local company. For over thirty years, Dace Motor Group has helped people in Oldham benefit from low-cost yet high-quality used cars.

To find out how we can help you secure a competitive car loan, please visit a member of our team at your local Dace Motor Group dealership location.